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Blue Stock Chart Growth
Blue Stock Chart Growth
(seewhatmitchsee/Getty Images/iStockphoto)

Slump in debt demand evokes whispers of ‘buyers strike’

All of a sudden there’s less appetite for new corporate credit.

After a blockbuster first quarter for new debt issues, institutional bond buyers appear to be taking a breather to digest the unbelievable volumes of debt that they already scooped up in 2013.

As of Friday, total new issuance for the year amounted to $30.7-billion. That beats the $27-billion raised over the same period in 2012, a year in which a mind-blowing $92-billion was ultimately raised by December.